Goods movement through the nation’s busiest seaport complex posted better than expected results in 2013, a sign the economy is finally on the mend, a top economist said Wednesday.
While cargo at the Port of Los Angeles was down in 2013, strong growth there over the last two months, combined with steady improvement at the Port of Long Beach meant that the complex reported a 3 percent increase in overall cargo.
Ferdinando Guerra, international economist with the Los Angeles County Economic Development Corp. and a member of the District Export Council of Southern California, credited a strong peak season and second half of the year.